# Allnex invests EUR 7M in new R&D center in Werndorf, Austria

Allnex invested EUR 7 million in a new research and development center at its Werndorf site, focusing on water-soluble synthetic resins. An additional EUR 22 million in investments are planned.

- Type: Investment
- Announced: 2022-10-13
- Where: Werndorf, Austria, Austria
- Value: $7.00M (7.00M EUR)
- Starts operating: 13 Oct 2022
- Status: completed
- Products: water-soluble synthetic resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Allnex](https://endata.com/companies/37840.md)

## Sources

- [kleinezeitung.at](https://www.kleinezeitung.at/artikel/17204615/KunstharzHersteller_Fuer-Forschung-und-Entwicklung_Allnex), 2022-10-13: "Sieben Millionen Euro wurden in den Neubau des F&E-Zentrums am Standort Werndorf investiert."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.